Search Results for: legal
EU, Norway Initial VAT Cooperation Agreement
June 2nd, 2017
The European Commission has announced the initialling of an agreement with Norway on value-added tax (VAT), covering administrative cooperation, recovery assistance, and anti-fraud activity. Negotiations on the agreement were launched in June 2015. The Commission said that once the ...
Wikipedia vs. Banc De Binary: A 3-year battle against binary options ‘fake news’
June 1st, 2017
Binary options fraudsters employ experts to outwit Google, create laudatory news sites, engage on social media — anything to encourage new victims and keep the truth from coming out. One key battlefield: The online encyclopedia If you’re the strategist ...
China launches controversial cyber security law
June 1st, 2017
China is to implement its controversial cyber security law this week despite foreign firms warning about its impact on their ability to do business there. The law is largely aimed at protecting China’s networks and private user information. However, ...
Uber’s Finance Head Leaves Amid $708 Million Loss
June 1st, 2017
Uber Technologies Inc’s head of finance is leaving as the ride-hailing company reported continued big losses for the first quarter, the Wall Street Journal reported on Wednesday. The ride-hailing company’s first-quarter revenue was $3.4 billion, up 18 percent from ...
Dentons expands presence in South East Asia with new office in Myanmar
May 31st, 2017
Dentons, the world’s largest law firm, has expanded its presence within Southeast Asia with the addition of a new office in Yangon, Myanmar. A high calibre team of 5 lawyers, led by Mark Livingston, Resident Partner, joins Dentons Myanmar ...
Russia’s Central Bank Plans to Tax Bitcoin, Deem it a ‘Digital Commodity’
May 31st, 2017
The Central Bank of Russia could soon recognize digital currencies like bitcoin as digital commodities and tax them accordingly. According to the central bank’s deputy chairwoman, Olga Skorobogatova, the central bank is in the process of drafting legislation to ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
London Stock Exchange to buy Citi’s Yield Book bonds analysis business for $685 million
May 30th, 2017
London Stock Exchange (LSE)(LSE.L) has agreed to buy The Yield Book, Citigroup’s (C.N) fixed-income analytics service and also its related indexing business, for $685 million in cash, the companies said on Tuesday. LSE, which had said it would be ...
OSC Publishes Paper on Responsive Market Regulation
May 26th, 2017
The Ontario Securities Commission (OSC) today released A Framework for Responsive Market Regulation, a paper presented at Oxford University that addresses how Canadian regulators are responding to changes in the market while protecting investors. “As our capital markets evolve, ...
What is the FX Global Code?
May 25th, 2017
The FX Global Code (Global Code) is a set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign ...
